IB Suggestions & Improvements

Quote from giggollo:

Unfortunately, IB will liquidate your positions at 3:50pm even if you have MOC orders in for them. This is a major oversight by IB in designing their liquidation algorithms..either they're still using an algorithm designed before MOC orders existed, or whoever designed the algorithm totally forgot about MOC orders. It does not make sense because NASDAQ rules dictate that MOC orders cannot be cancelled after 3:50pm anway, and so if IB is evaluating your account for potential liquidation at 3:50pm as they do, they should consider positions for which MOC orders have been placed as "closed positions". Instead what ends up happening right now, is that if you place MOC orders and your SMA is less than zero at 3:50pm, they liquidate your positions and then the MOC orders still get executed (they cannot be cancelled after 3:50pm) resulting in you taking home net positions opposite to what you had before 3:50pm. This needs to be fixed by IB soon and i think they're already aware of it.

This will be changed in the near future.
 
Quote from Cdntrader:

Nice.

Great new "news feed" and "real time data monitor" features in the latest beta 856.

No instructions on using the "real time data monitor" though.

re: real time data monitor...configure>view>toolbar gets you there.
 
Similar to the "warn on exit with positions", have an option to "warn if positions at login". I rarely have overnight positions, and want to be reminded of that fact at login as well as logout.
 
Allow attachment of conditions to an existing (live) order. I recognize that some types of conditions are problematic, but others would seem to be easily accomplished - like allowing a "cancel if..." condition.
 
Quote from ids:

IB changed intraday cut off time for all US index futures and futures options from 15:45 to 16:00 EST effective this Weekend.

Thank you.
 
Provide (free) delayed quotes/charts for exchanges for which one doesn't (pay to) subscribe to real time quotes. It's sometimes nice to be able to pull this stuff together in one platform instead of having to hunt down those quotes/charts elsewhere. Particularly the foreign ones, which can be difficult to come by. I've got most of it available in myTrack, but figuring out their symbology can be a real pain :(
 
Speaking of quotes, IB could save on a chunk of bandwidth (IMHO) if they had a "snapshot" quote feature.

After the open I rarely need streaming quotes for my autotrade API. I just need to grab quotes every few minutes, but I may need up to a thousand or so symbols. No way to do that cleanly with the streaming setup IB has, so I have to get them from another, and less reliable, source.

So IBSoft and other IB guys, think about adding a snapshot quote feature. It should be easy for you code wizards! :)

Regards.
 
I would like the ability to color-code the background of the symbol column with e.g. green for a long position and red for a short position.

I often have 20-30 live positions, and I'd like a simple visual indication on how much I'm long/short. I realize that I can look at whether the number of shares is positive or negative, but that's not as easy to do across lots of positions.
 
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